Publish date:

Qualcomm Moves Higher After Surpassing Estimates

Author:

Wireless technology company Qualcomm (QCOM) - Get QUALCOMM Incorporated Report was up 4.3% in preopen Island trading after it reported first-quarter earnings of 29 cents per share excluding charges, edging the First Call/Thomson Financial estimate of 28 cents. The year-earlier figure was 27 cents. The company said it is comfortable with estimates for the current quarter and year.

TheStreet Recommends